More stimulus payments could be coming soon. California's governor has proposed a gas rebate, and a similar bill is in Congress.
Fresh off of two rounds of, California Gov. Gavin Newsom has proposed an all-new series of payments. Every owner of a vehicle registered in the state would be eligible for a $400 payment. With the money coming in the form of a debit card, as soon as July — if the proposal ends up passing muster with the state legislature, that is.
“The proposal provides up to two $400 rebates per vehicle, for owners to support families with more than one vehicle in use,”explained. “Eligibility will be based on vehicle registration, not tax records, in order to include seniors who receive Social Security Disability income and low-income non-tax filers. The Governor’s proposal does not have an income cap in order to include all Californians who are facing higher prices due to the cost of oil.
Three Democratic lawmakers in the US House of Representative have put forward a bill that would authorize $100 monthly stimulus checks this year. The catch is that they would only go out when the national gas price average tops $4/gallon. If you’ve filled up your tank recently, of course, then you know that we’re already there.
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